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July 28, 2015 10:48 PM ET

Real Estate Management and Development

Company Overview of Redfin Corporation

Company Overview

Redfin Corporation operates as a real estate brokerage company that engages in buying or selling homes. It offers listing services, negotiations, and closings; and for-sale-by-owner properties that don't pay brokers a commission. The company buys and sells homes in Alexandria, Arlington, Atlanta, Austin, Baltimore, Bellevue, Bethesda, Boston, Charlotte, Jacksonville, Chicago, Dallas, Denver, Fort Lauderdale, Fort Worth, Houston, Irvine, Kirkland, Lake Tahoe, Las Vegas, Los Angeles, Miami, Minneapolis, Oakland, Philadelphia, Phoenix, Portland, Providence, Raleigh, Redmond, Sacramento, San Antonio, San Diego, San Francisco, San Jose, Scottsdale, Seattle, White Plains, Knoxville, Oklahoma City,...

2025 1st Avenue

Suite 500

Seattle, WA 98121

United States

Founded in 2002

Phone:

206-588-6863

Key Executives for Redfin Corporation

Chief Executive Officer and Director
Age: 43
Chief Financial Officer
President of Real Estate Operations
Head of Local Real Estate Operations
Senior Vice President of New Business, Analytics & Marketing
Compensation as of Fiscal Year 2015.

Redfin Corporation Key Developments

Redfin Announces Home-Buying and Selling Services in El Paso, Corpus Christi and the Rio Grande Valley

Redfin announced the debut of its home-buying and selling services in El Paso, Corpus Christi and the Rio Grande Valley. People can now search all the agent-listed homes for sale in these cities on Redfin.com and the Redfin iOS and Android apps and work with local, Redfin-employed real estate agents to buy and sell homes. Redfin hired Maggie Garcia in El Paso, Shawna Besancon in Corpus Christi and Jerry Mancha in the Rio Grande Valley to launch and grow the brokerage in their home towns. The Redfin model is different from that of traditional brokerages in how it combines its advanced technology with full-service agents who are paid a salary, receive benefits and earn bonuses based on customer satisfaction. All reviews for every Redfin agent are published on their online profiles. With the arrival of Redfin comes a host of technology features that benefit both website users and brokerage clients: Book it now: Ability to instantly schedule a home tour with a Redfin agent with a single click from a browser, iPhone, iPad or Android app. Instant updates: Smartphone or email notifications when new homes are listed or when prices drop. Redfin hot homes: Proprietary algorithm that indicates which homes for sale are likely to sell within two weeks. Redfin home value tool: A more accurate way to find out what your home is worth using self-selected comparable homes for sale in your market. Search by school: Shows all the homes for sale served by a certain school with one easy search. Tourand offer insights: Real-time statistics and notes from Redfin agents about thousands of homes and offers. Redfin 3D walkthrough: High-resolution, interactive views from every angle inside homes listed with a Redfin agent. Redfin matchmaker: Software that recommends unexpected listings to Redfin clients. Deal room: A real-time guide through the closing process, including milestones, deadlines and tasks. Redfin open book: Reviews of lenders, inspectors and title companies for buyers and handymen, stagers and more with feedback from Redfin agents.

Redfin Appoints Bridget Frey to the Role of Chief Technology Officer

Redfin announced appointment of Bridget Frey to the role of chief technology officer. Frey most recently served as senior vice president of engineering at Redfin and has been with the company since 2011. As chief technology officer, Frey will lead the entire engineering organization in Seattle and San Francisco, reporting to chief executive officer Glenn Kelman.

Redfin Launches its Home-Buying and Selling Services in Knoxville, Tennessee, and Oklahoma City, Oklahoma

Redfin announced the launch of its home-buying and selling services in Knoxville, Tennessee, and Oklahoma City, Oklahoma. Redfin uses technology to help its agents work more efficiently, which means the company can pass savings on to its clients. Redfin charges sellers a 1.5% listing fee rather than the typical fees which can be as much as 3%, while providing the complete home-selling service, including pricing and staging advice as well free professional photography and marketing. Redfin introduced the following local real estate professionals hired to launch and grow the brokerage in their markets: Matthew Howe, - Howe is an East Tennessee native and University of Tennessee alum. Prodigy Properties. Howe is living his dream as a real estate agent who takes pride in fighting for his clients’ best interests. He knows that Tennesseans will embrace Redfin’s business model rooted in customer advocacy and savings. Michelle Leader Leader began her career in real estate in Wichita in 2009, and within her first year as an agent was voted Rookie of the Year by Keller Williams Signature Partners, where she helped develop policies and practices for other new agents.

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